<ARTICLE>         5

<LEGEND>
The schedule contains summary financial information extracted from the condensed
balance sheet as of March 31, 1996 and the condensed statement of income for the
three months ended March 31, 1996 and is qualified in its entirety by reference
to such financial statements.  Inventory, as classified in this schedule
includes amounts classified on the condensed balance sheet as real-estate 
held for sale.
</LEGEND>

<MULTIPLIER> 1,000
                                             
<PERIOD-TYPE>                                3-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-END>                               MAR-31-1996
<CASH>                                            (206)
<SECURITIES>                                     19380
<RECEIVABLES>                                   161272
<ALLOWANCES>                                      6129
<INVENTORY>                                     121813
<CURRENT-ASSETS>                                323280
<PP&E>                                         1919413
<DEPRECIATION>                                  803161
<TOTAL-ASSETS>                                 1794488
<CURRENT-LIABILITIES>                           226177
<BONDS>                                         396048
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                         37137
<OTHER-SE>                                      608401
<TOTAL-LIABILITY-AND-EQUITY>                   1794488
<SALES>                                         253719
<TOTAL-REVENUES>                                258976
<CGS>                                           211529
<TOTAL-COSTS>                                   211529
<OTHER-EXPENSES>                                 27313
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                8810
<INCOME-PRETAX>                                  11324
<INCOME-TAX>                                      4133
<INCOME-CONTINUING>                               7191
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                      7191
<EPS-PRIMARY>                                      .16
<EPS-DILUTED>                                      .16